BABX vs PAYM

Comparison between GRANITESHARES 2X LONG BABA DAILY ETF (BABX, ETF) and TrueShares S&P Autocallable Defensive Income ETF (PAYM, ETF).

BABX vs PAYM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BABX(ETF)	PAYM(ETF)
Net Assets	$113M	$113M
Expense Ratio	N/A	0.74%
Max Drawdown	70.62%	3.96%
Sharpe Ratio	-0.05	-3.63
5Y Beta	1.78	0.45

Net Assets

Winner

BABX

$113M

PAYM

$113M

Expense Ratio

BABX

N/A

PAYM

0.74%

Max Drawdown

BABX

70.62%

Winner

PAYM

3.96%

Sharpe Ratio

Winner

BABX

-0.05

PAYM

-3.63

5Y Beta

BABX

1.78

Winner

PAYM

0.45

BABX vs PAYM - Historical Returns

Returns include dividend reinvestment.

Period	BABX	PAYM
1 month	-30.64%	N/A
3 months	-32.69%	N/A
6 months	-52.79%	N/A
1 year	-27.60%	N/A
Max(CAGR)	-8.12%	-26.76%

BABX

-30.64%

PAYM

N/A

BABX

-32.69%

PAYM

N/A

BABX

-52.79%

PAYM

N/A

BABX

-27.60%

PAYM

N/A

Max(CAGR)

Winner

BABX

-8.12%

PAYM

-26.76%

BABX vs PAYM - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	BABX	PAYM
2026	-52.34%	-1.27%
2025	+123.16%	N/A
2024	+7.69%	N/A
2023	-38.87%	N/A
2022	-7.32%	N/A

BABX vs PAYM Drawdown Comparison

The maximum drawdown for BABX was -70.62%, occurring on Apr 17, 2024. Recovery took 519 trading sessions.

The maximum drawdown for PAYM was -3.96%, occurring on Jun 11, 2026. This drawdown has not yet recovered.

The current BABX drawdown is -69.76%. The current PAYM drawdown is -2.69%.

Rank	BABX	PAYM
#1	-70.62% Jan 26, 2023 - Feb 21, 2025	-3.96% Jun 2, 2026 - Jun 11, 2026
#2	-69.77% Oct 2, 2025 - Jun 11, 2026	-0.49% May 28, 2026 - Jun 1, 2026
#3	-56.35% Mar 17, 2025 - Sep 15, 2025	N/A
#4	-20.58% Feb 21, 2025 - Mar 17, 2025	N/A
#5	-11.21% Dec 13, 2022 - Jan 3, 2023	N/A
#6	-5.90% Jan 13, 2023 - Jan 20, 2023	N/A
#7	-5.25% Sep 24, 2025 - Sep 29, 2025	N/A
#8	-4.30% Sep 17, 2025 - Sep 24, 2025	N/A
#9	-2.87% Jan 11, 2023 - Jan 13, 2023	N/A
#10	-1.44% Sep 29, 2025 - Oct 1, 2025	N/A
#11	-0.52% Jan 20, 2023 - Jan 25, 2023	N/A